Matt Levine / Bloomberg: Circle’s S-1 shows that it is basically a fintech and that, as of December 31, 2024, ~85% of USDC reserves were held in a BlackRock-managed money market fund  —  Circle, slangy wealth management chatbots, private credit runs, SEC climate rules and OCC desk space. Lees verder op Tech Meme

Maria Deutscher / SiliconANGLE: Cyberhaven, whose AI-powered tech lets companies detect when employees use internal data in an unauthorized manner, raised a $100M Series D at a $1B+ valuation  —  Data security startup Cyberhaven Inc. today announced that it has closed a $100 million funding round to support its growth efforts. Lees verder op Tech Meme

Madhumita Murgia / Financial Times: Q&A with Christopher Bishop on leading Microsoft’s AI for Science lab, why scientific discovery will be AI’s single most important application, and more  —  The AI for Science lab director discusses the technology’s capability to accelerate time-consuming research Lees verder op Tech Meme

Laya Neelakandan / CNBC: Adaptive Security, which uses AI for simulating cyberthreats, raised $43M co-led by OpenAI and a16z, marking OpenAI’s first investment in a cybersecurity firm  —  WATCH NOW  —  Artificial intelligence cybersecurity company Adaptive Security announced Wednesday that it closed … Lees verder op Tech Meme